It’s unclear whether the Model 3 will get the same 90kWh battery that’s used in the Model S and Model X, perhaps in de-tuned form (although a Model 3P90D would be a clear M3 and C 63 rival in the acceleration stakes), or a new unit.

In any case, the car will likely have the same or better driving range as its larger siblings.

Other speculation suggests the car’s smaller dimensions could point to a completely new platform to that of its larger siblings. Regardless, expect serious performance numbers from potentially rear-wheel-drive and all-wheel-drive variants.

As reported last year, the car is likely to hit the US market at $35,000 ($49,000 AUD), before rebates or credit offered by US and State governments for the purchase of electric vehicles.